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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: The Swordsman who wrote (27836)	5/9/1999 7:44:00 PM
From: Rich	Respond to of 44908

***** OT **** To all Moms out there: ((((((HUG))))) To all Moms just one rose, it starts out small, a flower or a sign. with rain and love it comes to know the sun and grows in time. just one rose, it grows to know the heart as its own sign. that's why you'll find on mother's day..... it's the rose that comes to mind. Happy Mother's Day Rich.com

To: The Swordsman who wrote (27836)	5/9/1999 11:20:00 PM
From: Suzanne Newsome	Read Replies (1) \| Respond to of 44908

Sword, you refer to Gordon's having "too much personal gain" by converting loan into 26.6 million shares. How much personal gain will he have if the shareholders dump the stock by the train carload? The directors would have to approve the conversion, and they would have a lot to lose. That is why I think the RCLA at this point in time is a poison pill, not a loan agreement. You imply that a "company of questionable demand" doesn't need a poison pill. I promise you that at the time of the RCLA, management had visions of greatness for TSIG. They would have felt the need to protect the company from being taken over. I think they were correct about their perception of greatness, but they need to work on their timing a bit. Sword, you have referred a couple of times to the $.15 "options". As of 12/31/98, R. Gordon had no options. Fifteen cents is the conversion rate, not the option price. There are no options and thus no need for underlying shares. The balance of the "Loan from Shareholder" is less than $350,000, so 2.3 million shares would cover this payoff. If there weren't enough authorized shares, Gordon would have to wait until the cash was available. As for your other questions, Paul Henry, 727-897-4000, phenry@tsig.com. Regards, Suzanne